this is just a trailer but it says a lot, 5 min
it’s the lead video as of today
Tag: economics
‘In a lot of the world, the clock has hit midnight’: China is calling in loans to dozens of countries from Pakistan to Kenya
A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China.
An Associated Press analysis of a dozen countries most indebted to China — including Pakistan, Kenya, Zambia, Laos and Mongolia — found paying back that debt is consuming an ever-greater amount of the tax revenue needed to keep schools open, provide electricity and pay for food and fuel. And it’s draining foreign currency reserves these countries use to pay interest on those loans, leaving some with just months before that money is gone.
Behind the scenes is China’s reluctance to forgive debt and its extreme secrecy about how much money it has loaned and on what terms, which has kept other major lenders from stepping in to help. On top of that is the recent discovery that borrowers have been required to put cash in hidden escrow accounts that push China to the front of the line of creditors to be paid.
Countries in AP’s analysis had as much as 50% of their foreign loans from China and most were devoting more than a third of government revenue to paying off foreign debt. Two of them, Zambia and Sri Lanka, have already gone into default, unable to make even interest payments on loans financing the construction of ports, mines and power plants.
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Sowing Seeds of Plunder: A Lose-Lose Situation in Ukraine
It’s a lose-lose situation for Ukrainians. While they are dying, financial institutions are insidiously supporting the consolidation of farmland by oligarchs and Western financial interests.
So says Frédéric Mousseau, Policy Director of the Oakland Institute, an independent think tank.
Depending on which sources to believe, between 100,000 and 300,000 Ukrainian soldiers (possibly more) have died during the conflict with Russia. That figure, of course, does not include civilian casualties.
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This is surely a big part of the reason Ukrainian men were deliberately slaughtered in hopeless battles and also why so many other Ukrainians have been driven from Ukraine, never to return. ABN
Why Twitter ad revenues have plummeted
It is important to remember that USA mind-control is as much or more private as it is governmental, and the two wings of it are flying the same airplane in the same direction which is not considering what’s best for you. ABN
Leak Reveals Secret Democrat Plan For A Game-Changing US Crypto Crackdown That Could Hit The Price Of Bitcoin And Ethereum
…a leaked memo circulated to Democrat House financial services committee members has revealed the “key messages” lawmakers were told to stick to that could see almost all cryptocurrencies categorized as securities.
The document, passed to committee members by the Democratic party ahead of Wednesday’s joint House hearing on crypto policy, was leaked by Fox Business reporter Eleanor Terrett on Twitter. “The problem isn’t ambiguity—it’s mass non-compliance with existing laws,” the memo reads. “We can’t invent new accommodating regulatory structures simply because crypto companies refuse to follow clear rules of the road.”
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With Sales Crushed, Anheuser Bush Tells Wholesalers to Give Bud Light Beer Away Free to Employees Before Expiration Date
Here we go. Hard data is now starting to surface showing the devastating impact of the Anheuser-Busch decision to rebrand Budweiser products as the beer for the transgender community. The #1 and #2 best selling beers in the United States are now fully rebranded to consumers and destroyed. Now we see the ramifications.
The irony of Budweiser creating the “born on” date and freshness date system in the beer industry is just too damned funny, here’s why.
Across the United States, wholesalers are on the hook for inventories of Bud Light and Budweiser products that no one is buying. These products have an expiration date, thanks in part to the previously mentioned freshness campaign long ago created. The wholesalers have to swap out the close-dated products that are not being sold in retailers and restaurants. The wholesalers are then stuck with out-of-date product; and turn back to the corporate office for help.
From reporting in the Wall Street Journal, Anheuser-Busch (A/B) is telling the wholesalers to give the product free to their employees, rather than dump it. By law, they cannot give it away to consumers, and they cannot cross promote the beer by “bundling” alcohol with another CPG product (ie, buy chips, get free beer).
The story is being promoted as A/B being magnanimous in giving the beer to the employees; however, in reality as the product hits its expiration or sell-by date, A/B only have that option, other than to dump it in the garbage and recycle the containers. There is so much unsold inventory, data below, they are now giving it away (lol).
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This loss in sales amounts to an opinion poll that cannot be faked. It’s similar to very low uptake of the bivalent covid vax signaling no confidence in CDC. Both are examples of failed top-down mind-control. And both are entirely organic. ABN
What China Is Really Playing at in Ukraine
Beijing is fully aware the NATO proxy war against Russia in Ukraine is the un-dissociable double of the U.S. war against its Belt and Road Initiative.
Imagine President Xi Jinping mustering undiluted Taoist patience to suffer through a phone call with that warmongering actor in a sweaty T-shirt in Kiev while attempting to teach him a few facts of life – complete with the promise of sending a high-level Chinese delegation to Ukraine to discuss “peace”.
There’s way more than meets the discerning eye obscured by this spun-to-death diplomatic “victory” – at least from the point of view of NATOstan.
The question is inevitable: what’s the point of this phone call? Very simple: just business.
The Beijing leadership is fully aware the NATO proxy war against Russia in Ukraine is the un-dissociable double of an American direct war against the Belt and Road Initiative (BRI).
Until recently, and since 2019, Beijing was the top trade partner for Kiev (14.4% of imports, 15.3% of exports). China essentially exported machinery, equipment, cars and chemical products, importing food products, metals and also some machinery.
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What jobs will be most impacted by AI?
Abstract
Recent dramatic increases in generative Artificial Intelligence (AI), including language modeling and image generation, has led to many questions about the effect of these technologies on the economy. We use a recently developed methodology to systematically assess which occupations are most exposed to advances in AI language modeling and image generation capabilities. We then characterize the profile of occupations that are more or less exposed based on characteristics of the occupation, suggesting that highly-educated, highly-paid, white-collar occupations may be most exposed to generative AI, and consider demographic variation in who will be most exposed to advances in generative AI. The range of occupations exposed to advances in generative AI, the rapidity with its spread, and the variation in which populations will be most exposed to such advances, suggest that government can play an important role in helping people adapt to how generative AI changes work.
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Link to full paper: Occupational Heterogeneity in Exposure to Generative AI
Your assets are protected at Schwab
We work hard to make Schwab a secure and safe place for your money. Whether you hold securities like stocks, bonds, mutual funds, exchange traded funds, or money market funds in a Schwab brokerage account, or cash deposits in a Schwab Bank account, we have your assets protected. Here are answers to the most common questions about all the ways Schwab works to keep your money safe.
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Probably similar safeguards and reasoning elsewhere. ABN
Factories in China moving to Vietnam, an example of a probable ongoing trend
How neocons destroyed the dollar
Vote buying breaks the system
New housing rule to cost $14,000
American Buddhist Net 